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that the u.s. doesn't go into a recession? >> well, first i want to say the metaphor fiscal cliff is probably the wrong one. you step off a cliff, that's your last step. for many politicians, the real metaphor is it's a slope. they gradually go into these tax increases and spending cuts. they feel they can turn around and walk back up the slope, retroactively reverse the changes. in that circumstance, in that scenario, it creates a lot of uncertainty for businesses and for taxpayers. what will our taxes be next year? how are we going to make some plans for our business or personal finances? it's that uncertainty that's going to, i think, have adverse effects for the economy. >> okay. that makes a lot of sense. michael jones, how do you want to invest here with all this? >> i think there are times when the market is really simple. don't fight the fed. you certainly don't want to fight the fed when they've got the ecb, the bank of japan, the people's bank of china, and virtually every other central bank on their side. you've had unprecedentedly aggressive monetary stimulus. we have open-ended c
prefer to see him executed. in fact, the u.s. attorney got up and said that he heard from many of these victims and their families who said they all -- all of the folks he said he heard from were happy or satisfied i should say, i don't want to use the term happy, but satisfied with the sentence of life without the possibility of parole. we do have just a few moments ago congressman ron barber, who worked in gabby giffords' office and succeeded her in office to fulfill the remaining part of her term came out and spoke. here's what he said he said to mr. loughner in court. >> i turned to mr. loughner and said "i hold you -- hold no hatred for you, but i'm very, very angry and sick at heart about what you did and the hurt you have imposed on all of us." i told him he must now live with this burden and he'll never see outside of a prison again. >> reporter: politics not far away from this tragedy, wolf. congressman barber running for re-election in the vote that just concluded, they're still counting the votes here in arizona to see if he's going to retain that seat. also, a lot o
still has faith in john allen, the current u.s. commander in afghanistan who is now under investigation by the pentagon's inspector general for what officials describe as potentially inappropriate e-mails with one of the women directly involved in the case. nbc's chief foreign affairs correspondent, andrea mitchell, has more on an ever-widening story. >> reporter: the scandal involving two very different women, tampa socialite jill kelley and petraeus biographer and former mistress paula broadwell ensnared not only petraeus but his successor. marine general john allen who took over from petraeus in afghanistan and is the president's choice to be supreme allied commander of nato forces in europe, a nomination now temporarily on hold. >> thank you for all that you have done, for me and for our precious daughters. >> reporter: the general is married with a sterling record. but on a flight to australia monday night, aides to defense secretary leon panetta disclosed a dramatic turn in the petraeus case. fbi investigators had uncovered what the pentagon called potentially inappropriate commun
softer condition and background in europe politically. and i think improving conditions here in the u.s. for the consumer and for manufacturing and for gdp in general. our general background is pretty positive. >> great points there. sandy, what about you? you say regardless of who wins the election, the fiscal cliff would be either downsized or deferred. what does that mean? >> well, i think downsizing is more likely. have you to factor in the hurricane as well because that's going to be a half a percentage point decline as well, coupled with, you need to get that fiscal cliff down to 1% or maybe 0.5%. i think the downsizing has to be pretty substantial. they're either going to have to defer it to the new congress and either a new administration or the existing one, but they've got to get it downsized pretty substantially pretty quickly. and it's going to require, because of that gridlock we're going to have again, a bipartisan concurrence. that's going to be the test in 2013. >> chris, what do you think? how do you want to invest with $1.5 billion under management, how are you allocat
the costliest u.s. catastrophes. forecasting a cost between $10 billion and $20 billion worth of insured losses. the final tally impacted by, among other things, power in the transportation grids. as for the insurance industry with over $500 billion in capital it can pay expected claims. at last year's premium increases and a decline in catastrophe claims bulked up their profile. deutsche bank claims it could trim earnings by 36% but it could also help insurers later giving them cover to raise premiums. back to you. >>> sandynjrelief fund.org. mary pat christie is on the news line with us right now. welcome. good to have you with us. >> thanks, tyler. >> at some risk, i ask how are you and the christie family holding up? your husband and you have both then tireless this last week. gout to be pretty tired these days? >> we're doing pretty well. it's all relative, right, tyler? we don't have power yet but hopeful that we will soon. i'm also hopeful that our children get to go back to school tomorrow. >> we're in the same boat and expected to go back to school in my town montclair some time on wed
and save the u.s. economy from going down a dangerous road. it is wednesday, november 7th, the day after and a special early presentation of "squawk box" follows the late presentation that we had yesterday. but it starts right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. and yes, we know it's only 5:00 a.m. on the east coast, but you don't have to double check your clocks. on the morning after election day, we couldn't wait until 6:00 a.m. to get back on the air. the american public handing president obama four more years in the white house. meantime, the balance of power stays the same in the senate. this morning, we have two main items on the squawk agenda. after months of handicapping the race, we'll find out how the global markets react to the decision and ask how you need to position your portfolio. we have a number of people on hand to help us with that task, including mike santoli. he is our guest the next hour. chuck gabriel, his job is to try to connect the dots between washington and investors. we have jeremy seigel. also, vincent rinehart. we'll be jo
republican critics and answer questions about the september 11th attack on the u.s. consulate in benghazi. rice will sit down with senators john mccain, lindsey graham, and kelly ayott. in recent days, senator mccain has softened his criticism as rice insists that she was relying on talking points from the intelligence community. last night, senator graham rejecting her defense but says he's open to today's meeting. >> she asked to meet with us and now we'll listen to what she has to say about her role in benghazi. the more i know about benghazi, the more upset i am that the consulate was even open on september 11th. when you look at the history and the reporting coming out of libya about the dangers, it should never have been open or heavily reinforced. after the attack, i think the story we were told about a spontaneous event caused by video where a mob turned into a riot is less credible than ever. >> she reportedly called the meeting. seems like a smart move. what do you think? >> well, i think it's a smart move for john mccain to take the meeting. they're boxed in. this is not a figh
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. >> it deledge mizing what could be an important inquiry, because four americans are dead including a u.s. ambassador. we want to know what went wrong so it's not repeated. if this takes on the perception as it is of a partisan witch had you not -- witch-hunt we won't get the answers we deserve. >> the point about those who saw as a partisan witch-hunt. we showed video of senator joseph lieberman. if he does not show the same contempt as the republican senators this morning, it does certainly leave them out there without this trio or bipartisan trio that we've seen or quartet. in his interview with cnn, i'm going to read a portion of what he said when asked about susan rice. she had a distinguished career up until now. secondly, i don't know if i feel i know exactly what she was told before she went on tv that sunday. i think we ought to find out before we decide on whether she's a good or bad public servant. that's what he said on the 25th. >> but here's the problem. the senate's already voted on her once to be the ambassador of the united nations. it's not like -- i don't think anybody
at least 48 people. several aftershocks have followed. >>> the u.s. army private accuseded of leaking classified documents to wikileaks could take responsibility for minor offenses. but bradley manning could be tried on more serious charges, including aiding the enemy. >>> lady gaga is pledging mon $1 million to victims of hurricane sandy. she says fans in new york city made her the artist she is today. >>> we are expecting an update shortly from governor chris christie on the nor'easter that has hit the region on the heels of superstorm sandy. certainly adding insult to injury. >>> plus a cabinet shakeup ahead. what the president's team will look like for his second term. who might stay, who might go. we'll talk about it. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b p
in business worldwide. now back to "hardball." ♪ >>> welcome back to "hardball." the fight for the u.s. senate can be as significant as the fight for president. right now looks advantage democrats. the latest analysis is it appears more likely than not democrats will holded majority, perhaps by only the slimmest of margins. there you have it. and the catch up is the massachusetts senate race between republican scott brown and democratic challenger elizabeth warren, and right now the clear politics poll average has warren up by 4.5. politi politico is up there in boston covering the race. dave, thanks for joining us from politico. >> absolutely. >> let me ask you about that race. it seems like something happened a couple weeks ago. was it the mayor's endorsement and putting all the troops? but that's only 8% of the lector root. what got her on top of the race? >> i think it's women voters that were in brown's camp, still sort of flirting with him this summer in polls moving towards warren, and i talked to some pollsters and voters on the ground today and that's all you hear about on the airwave
an attack. militias is everywhere. this was known to the u.s. intelligence community. they really could not see a situation where the security was going to turn around. they said it was trending negatively. this comes three weeks before the attack. i can't think of anything more specific than if these groups had e-mailed the state department, here is the time, here is the place and here is the method of the attack because the cable names the two groups that we believe were responsible for this assault. >> how long is this cable? is it a page, two pages? >> it's a little over a page. >> greta: so it's quite detailed? >> it's very detailed. there can be no doubt this was really a cry for help from the people on the ground. they also talk at length that the 17 february brigade the libyan militia that is supposed to be friendly to the united states and that is task we said the police force has been infill rated by our enemies. 17th february brigade is not sharing information with americans anymore. we have information right after the attack that this brigade kind of melted away during the a
. that was in the u.s. as of 8:00 p.m. on on monday october the 29th. we originally saw previous landfall. as we progress into the northeast for today, light snowfall and rain for today. but the bigger concern is what's happening with the system that will be diving across the country. it's going to take a nose dive south of the system that's actually produce rain and snow across the dakotas. it will eventually take a nose dive south. and what that will do, there we go, here's a look at some of our spotty showers as well as our snowfall. again, a little bit of being a tip weather still knocking on the door of the northwest. here's a look at that system that i was telling you about. again, that will produce 1 to 4 inches of snow into portions of the dakotas as well as knocking on the door of northwestern minnesota. our storm system once it does track a little further east on sunday, things getting a difference from southeastern texas all the way up in to north carolina. now, as for those of you who are keeping tabs again on the weather across the middle east, the bitterly cold temperatures as we g
weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we're moving past these dynasties. >> exactly. >> of ruled politics for decades. republican up and comer jeb bush jr. says he would love to see his dad run for president, and rand paul says he's going to follow in his pop's footsteps too and hillary is going to run too. do you have to be related to somebody who has been president of the united states or run for president of the united states to actually do that yourself? >> i think that's what makes the names. here's jeb jr. >> your dad going to run for president? >> i don't know. no comment. i certainly hope so. >> which is it, i don't know or no comment? >> i think it's the i hope so. >> you said, i don't know, no comment, and i hope so, which are all kind of contradictory. >> give me the full loaf of bread right there. >> word is out of florida jeb is lining up for 20
. is this a case of slow and steady wins the race or another sign that the u.s. economy is nowhere near a real recovery? joining me now, chief global equity strategist at jefferies. tommy coming october jobs report, would you characterize it as more good were more bad news? speak what was more good news. we have had over the last quarter, factory order numbers as well over the last 24 hours but the key has been with head spinning the companies coming into the u.s. election and presumably ahead of the fiscal cliff discussions. that will still be a drag for growth alongside what we have seen from hurricane sandy and the gdp numbers. we'll still trend lower in the macro data pieces. employment data was actually slightly better, but in the whole scheme of things i think things are still slightly weaker toward the end of the year. lori: what i think in terms of gdp points? >> the estimates probably the early estimates probably shave off about a half a percent during this quarter which will mean early estimates about 1% gdp for fourth quarter. down about a half, it will have a meaningful impact unfo
in particular, is a relatively new category of product in the last ten years and only 2 1/2% of u.s. households have a fully automatic stationary generator that runs off natural gas or propane. stuart: so your potential market is huge. and for investors and people are interested in this, i tell me i've got a few short questions, how many of your generators are now on order? >> well, the order rate has picked up dramatically as you can imagine since the events. stuart: how many? >> due to the fact that we see-- >> i don't have exact numbers as a public company we've got to be careful giving forward guidance, but definitely in the thousands and something that we see around events like this the next 6 to 12 months are going to be strong in demand. stuart: can you make them fast enough and up your production line? >> we're increasing capacity with supply chain as well as our manufacturing capacity here in wisconsin where the units are made. and we'll be in very good shape to take care of that demand going into 2013. stuart: are you going to outsource any of the production, can i see a generac gener
's first openly gay u.s. senator, defeating tommy thompson. >> and the key word there, "openly." and in maine, independent angus king easily won the senate seat. i am not bottled up on that one. >> the most important adverb of the morning. >> the most notable pickup for republicans was in nebraska where deb fischer flipped ben nelson's seat defeating bob kerrey. >> look at these numbers, mike, really quickly before we go to break. that race was getting close, we had heard, near the end. kerrey was catching up. but i'll tell you what, in all of these races, barack obama's coattails were long. in nebraska, you look at those numbers, you look at massachusetts, it wasn't even close in the end. mitt romney had no coattails. in fact, he had a really detrimental impact on a lot of these candidates. >> mitt romney lost in every state he's ever liver lived. >> that's a bad sign. >> do you think his dog's going to even look at him today? >> you know the guy who's in charge of the research committee for republican senate candidates? >> well, no, i don't, thank god. i mean, seriously. the
and there was a person's home. so the surge ultimately being i think was far beyond any expectations. >> that is u.s. senator and one-time hoboken resident, bob menendez. just ahead. we are going to go to one of the places that took one of the worst hits. we will be right back. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. here's a better idea. pillsbury grands! flaky layers biscuits in just 15 minutes the light delicate layers nation let the making begin. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just received a revised intro from the strategist's tablet. and while i make my way into the venue, the candidate will be rehearsing off of his phone. [ candidate ] and thanks to every young face i see out there. [ woman ] his phone is one of his biggest supporters. [ female ann
. >> the u.s. senate. >> it could affect the senate race in connecticut. really, these are states where president obama should be able to win with a large margin. one state where the media market bleeds into is pennsylvania. so much in new jersey was hit by the hurricane. the president's visit there with chris yisty. a lot of people saw that on tv were in pennsylvania and key media markets there. if that race is competitive, that may help. >> how much do you think it affects the total popular vote, the number of popular vote? how much might that mean for president obama? >> i see 300,000 people may not show up for the polls. >> you've been spending all this time waiting for gasoline. you don't know where your polling place is. >> which you've been doing. you think about all that time waiting in line for the basic necessities of life, it makes you a little less enthusiastic about going out and trying to figure out where you're going to vote. people are just trying to get warm right now. >> you also see why it's important for a governor to have the authority to be able to make changes. go
is how he feels about the u.s. that's been a big question mark for everyone here. what is this man's relationship to the u.s. what is our relationship with egypt going to be. and one of the very interesting things is through out the recent crisis in gaza, even on the phone with president obama 24-7. he made six calls to the white house, one of them at 2:30 in the morning. he came away saying the president was very, very helpful and he feels the u.s. and egypt have a strong relationship and they're very much in alignment about goals in the region. >> what does that translate into in terms of practical steps? for example, we know the arms are going in to gaza, from the sudan into egypt, into the tunnels and into gaza. is he prepared to stop that flow and bring some stability? >> i think that's going to be a real interesting question. the first point of order is to see what he does with the constitutional issue in his own country. that's bin the big hoopla over the last several weeks. he's made this big power grab. what does that mean? what kind of friend will he be in the region. we
>> the unemployment rate ticked up slightly to 7.9%, with employers adding 171,000 jobs. in the final measure of the u.s. economy's health ahead of tuesday's election. so, james, is this going to affect the campaign much, do you think? >> i think it does, i think it confirms that president obama's economic policies have failed on their own terms, that we still officially have a lousy economy and more than 12 million people unemployed, it's 23 million, if you count the people who are working part-time because they can't get full-time work, people who quit. so, yes, if this is a referendum on his economic policy with it. >> i know you wanted to get a point in here before i interrupted in the first segment about that. >> this is that we talk about the distortions of the ad, the bigger whopper that the president is telling on the campaign trail in the first clip where he basically says deregulations and tax cuts of the bush years caused the crisis and now mitt romney is going to do them again. there was no deregulation in the bush years. it's a myth that he's been perpetrating for years and any of the tax c
. the u.s. congressional delegation and the state house assembly. so the fact is republicans control the government at all levels by big numbers. and i think that this election is going to be much more like 2010 than 2008. i think governor romney's going to carry pennsylvania. >> ron brownstein you agree with that? >> the big question is as you come down to the very end, where republicans are viewing this, is this electorate going to be like the electorate in 2010. racial distribution, partisan distribution, in it's ideological distribution? 2010 was more white, more republican and more conservative. southwest pennsylvania is going to be very tough for president obama. the white working-class voters there are going to move sharply away from him. but what pat toomey did in 2010 was cut the margin in the poor suburban counties outside of philadelphia to only 20,000 vote deficit. in 2008 barack obama won those same counties by 200,000 votes. the question is whether the social issues that are partient in for romney with white collar, white voters, particularly women are going to be a bar
. you know, "u.s. news & world report" had a cover talking about the end of the democratic party. you remember 1980. >> yeah, yeah. >> people were saying the same thing about the end of the democratic party. two years later in 1982, democrats had a massive landslide victory. the same thing happened in 1996. bill clinton got elected. these things come and go. parties adjust. and this republican party will adjust. >> it needs to adjust. >> remember, two years ago -- and i hate to say this -- i've been saying this for four years -- two years ago republicans picked up historic gains in off-year elections. and i said yeah, we did that in 1994. then we lost in 1996. and the same thing has happened. the question is, willie, do they adjust? alec baldwin had a hilarious quote. did you see this quote? >> yeah. which one? >> yeah. what is the exact quote? >> something you like you know your party's in trouble -- >> when you ask -- >> how did the rape guy do, and you have to say "which one?" >> which one? i can't hammer this home enough. i've done it for four years. there is a difference between
." the cia was secretly responsible for u.s. efforts in benghazi. in fact, two of the four american personnel were working for the cia as contractors. but congressional investigators say the cia and state department weren't on the same page about which agency was responsible when it came to security. "the journal" also reports at one point during the attacks, secretary of state hillary clinton telephoned the cia director directly to seek assistance. >> from our parade of papers, "the seattle times." as the election reaches its apex, president george w. bush not out campaigning for mitt romney. but rather speaking at an investment conference in the cayman islands. organizers declined comment. tickets, $4,000 apiece. >> oh, my goodness. >> sir richard branson said to be there as well. >> there you go. "the charleston daily mail." west virginia still feeling impacts of sandy in the form of snow. in some counties, 80% of residents have no power. and in places three feet of snow cover the ground. this must be just unbelievable. forest crews and fema have been working around the clock with chain sa
reasons that we're becoming more competitive around the globe, the u.s. economy is growing in areas and u.s. manufacturing is because of energy expiration and production here in the united states. so i think the conditions are ripe just for a different kind of participation, regardless if it's romney or obama from the corporate community. >> we've been looking for the past couple of weeks at polls and there have been certain bets being placed on this election -- >> mustaches -- >> yes. >> grow a mustache -- >> please don't. i beg you. >> that look you had yesterday -- >> let us hope. let us hope. >> let's hope not. >> romney wins pennsylvania so axelrod has to come on the air and shave his mustache. >> oh, that would be something. all right. here's from the washington post, empty measurements. on the eve of the election, nate silver placed president obama's chances of returning to office at 86.3%, not 86.1%, not 87.8%, at 86.3%. silver's prediction is not an innovation, it's trend taken to its absurd extreme. his work is better summarized as an 83.6% confident that the state polls are corre
," the u.s. customs and border patrol cuts, smugglers taking an unorthodox route to try and cross the southern border, going over the fence in a car. the two suspects drove a jeep cherokee up a ramp set up along a 14-foot-high in arizona and got stuck there. agents say the suspects ran back to mexico and escaped. >> from china or the u.s.? >> leaving a jeep cherokee behind. >>> let's go to "politico" and mike allen with a look at the "playbook." hey, mike. >> welcome to november, the month when presidents are chosen. >> it is november. i had to pause to think about that. well, i'm glad you brought up presidents being chosen. we've got new nbc/"wall street journal"/marist polls to go through. let's get your take on these one by one. in wisconsin, the president with a three-point lead within the margin of error. he's tied there. that's down from a six-point edge. in new hampshire, president obama and mitt romney also in a tie. a month before the debate, the president had a seven-point lead there according to the poll. in iowa, romney ahead of the president by six points, outside the
of a u.s. ambassador. >> and the president of the united states and his press secretary said the same thing. >> yeah. >> why susan rice? katty kay, we're in for a heck of a bruising fight. do you agree with us that the republicans will be playing into david plouffe and david axelrod's hands here? >> yes, and that's exactly what the white house is realizing. on the merits of it, if john mccain was indignant about what happened in benghazi, the person he should've called out was the secretary of state. and so, presumably, the person he should be saying was unfit for office if there was anyone he was going to call out would be at the top of the state department. that's not what susan rice's job was to deal with security in bengha benghazi. >> you all can defend susan rice, but i can't. seriously. >> still ahead, we'll be talking to the "washington post's" eugene robinson. also, author nate silver will be here. >> that'll be fun. >> i'm not going to ask for an apology. >> who's the guyen o the right? >> this guy on the right. >> handsome devil. >> he is. senior adviser to open society fou
chronicle," oil giant bp has been handed the largest ever criminal fine in u.s. history. in connection with the 2010 oil rig explosion that killed 11 people and triggered a massive spill in the gulf of mexico. two employees face involuntary manslaughter charges. bp will plead guilty to the deaths and for lying over how much oil was really gushing out of the deep water horizon. bp made a record $25.8 billion in profits last year. >>> "the indianapolis star," hostess is expected to announce today whether it will shutter operations permanently. the move would result in the loss of 18,000 jobs, and the company could begin to liquidate itself in bankruptcy court. right now striking workers are preventing production over their objections to a contract offering benefit and wage cuts. hostess makes iconic baked goods from twinkies to ding dongs to wonder bread, and it could all go away today. >> be careful what you -- this is a great company. i know you don't love ding dongs and twinkies, but many people do. >> a lot of jobs at stake. >> yes. >> i know it's complicated, for sure. no snarky com
gas stations that had both power and gas. today the u.s. navy ordered three helicopter carrier ships to the new jersey and new york coast. the "uss wasp," the "uss carter hall," and the "uss mesa verde" will provide relief efforts the need be. the new york police department today released this rather amazing video of helicopter search and rescue teams airlifting people to safety off of rooftops in the new york city borough of staten island. staten island's death toll stands at 12, out of a growing national death toll of 64 americans. new jersey governor chris christie today was with president obama at the site of today's landfall in atlantic city. they were on marine one together, the president's helicopter, touring some of the cities in ruin along the new jersey shorelines. both politicians, both leaders today going out of their way to emphasize that day three of this massive, multi-state, ongoing natural disaster is still no time for partisan politics. >> i want to thank the president. we spent an significant afternoon together, surveying the damage up and down the new jersey coast
on the board throughout the night. you will see in the corner the balance of power, the u.s. senate and u.s. house. we'll have foxnews.com, info. the next poll closings. how close we are to that. over here, a big map about all of the states as they close. you will see them red and blue and the electoral count. plus live reporters on the back standing by and the live reports. in the back of the studio, you have seen them, chris wallace, joe trippi and karl rove. right here. this is their home base. they will dig down in the numbers. that is where they do their analysis. over here, the billboard. we call it that, because it's bill hemmer's home throughout the election. he will look at all the states digging down in to them. virginia, big one throughout this election. we'll dig in to those. then, you keep seeing the panel. this is their home base. the panel will be sitting right here throughout the night. we'll have a lot of panelists and guests who visit us. throughout the evening. our home base, this lovely clear glass december sack where you and i will be. now, let's take a tour, give you s
Search Results 0 to 43 of about 44 (some duplicates have been removed)